Vietnam is ready to welcome investors
Speaking at the seminar on development trends of the semiconductor industry, artificial intelligence and opportunities for Vietnam hosted by the Ministry of Planning and Investment (MPI), the National Innovation Center (NIC) ) and NVIDIA Corporation (USA) organized Hoa Lac on December 11, Minister of Planning and Investment Nguyen Chi Dung said, the joint statement on upgrading Vietnam - US relations to a Strategic Partnership The Comprehensive Strategy stated that the breakthrough cooperation between the two countries in the coming period will be innovation and high technology, including semiconductor technology and artificial intelligence (AI).
Recently, Vietnam has actively prepared conditions to welcome and cooperate with US businesses and investors in the fields of innovation, semiconductor industry and artificial intelligence.
The Minister said that Vietnam has gradually improved the system of policies and laws on investment and businesses to create the most favorable conditions for business investment procedures for investors; Continue to improve the "one-stop" mechanism to handle procedures for investors.
“We are building the Semiconductor Industry Development Strategy, as well as the Semiconductor Industry Human Resource Development Project and will soon issue it in early 2024.
Accordingly, the goal is to train at least 50.000 engineers for the industry by 2030, of which 15.000 are expected to be high-quality engineers in IC design, to promptly meet the human resource needs of businesses. semiconductor investment in Vietnam," said the head of the Ministry of Planning and Investment.
The Minister said that during the recent visit to the United States in September 9 of the Prime Minister of Vietnam, NIC also signed specific cooperation agreements with US partners to develop training centers. , research and incubator for the design and development of semiconductor IC products such as with Synopsys, Cadence, Arizona State University.
“Vietnam has been and is the chosen location of many large corporations in the semiconductor industry of Japan, Korea, Taiwan (China) and especially US corporations such as Intel and Amkor in the semiconductor industry. packaging, testing; Marvell, Qorvo, Qualcomm in design; Synopsys, Cadence in providing semiconductor chip design tools... This is also proof of the favorable business investment environment of Vietnam for investors in the semiconductor industry," Mr. Dung emphasized.
Also according to the Minister, the National Assembly recently issued a Resolution allowing the Government to develop a Decree to establish an Investment Support Fund for a number of high-tech projects, including projects in the semiconductor industry, artificial intelligence. The Decree is being actively developed and will soon be issued in mid-2024.
“The Vietnamese government has been making efforts to prepare the best conditions to welcome investors in the semiconductor, high-tech, and artificial intelligence industries, demonstrating its determination to concretize the contractual contents. cooperation in the Joint Declaration of the two countries," Mr. Dung said.
Deputy Minister of Information and Communications Phan Tam said that the Ministry is preparing to submit to the Government the Digital Technology Industry Development Strategy and the Semiconductor Technology Development Strategy. In particular, important infrastructure to develop the AI industry such as digital infrastructure and human resources infrastructure occupies an important position in the strategy.
“Digital infrastructure will be fiber optic infrastructure, 5G mobile, especially cloud computing. Human resource infrastructure is a network of digital training facilities in the sense of widely applying digital technology, including artificial intelligence, to change training methods as well as improve the quality of human resource training. digital technology force. With efforts to build policy mechanisms and development strategies, the Ministry believes that when established in Vietnam, the legal entity NVIDIA will have a very favorable environment for development", Deputy Minister Phan Tam affirmed.
NVIDIA strives to promote a Vietnamese AI
Mr. Jensen Huang, President of NVIDIA Corporation, assessed that AI is becoming a new wave and an important condition for the development of every country. No country can afford the damage of being left behind in the wave of artificial intelligence.
"I believe this is an opportunity for Vietnam," Mr. Jensen Huang said.
According to the President of NVIDIA, to take advantage of the new wave, three factors are needed: data, software human resources and infrastructure.
“First, there needs to be a digital Vietnam and you have had decades of digitizing data and digitizing 100% of the population. You also have a second component, a team of engineers with high software capabilities. Third is infrastructure, AI requires supercomputers to process and turn data into intelligence.
AI is also human and to have AI humans, it is necessary to build a new infrastructure, just like Viettel builds Internet and highway infrastructure. One thing is that AI needs energy, (data) data, in the future we need supercomputers to serve production, take raw data for production, analyze it into intelligence for Vietnamese society using technology. Vietnamese monk," said Mr. Jensen Huang.
NVIDIA Chairman commented that Chip and AI are extremely important and vital strategies for a country. Currently, NVIDIA is a partner of Vietnam, with annual revenue of about 500 million USD. Customers in Vietnam currently are Viettel, FPT, Vingroup, VNG. NVIDIA is constantly expanding, trying to promote a "Vietnamese AI".
“We are committed to making Vietnam our second home, we will establish a legal entity in Vietnam, the Minister can appoint a partner so we can cooperate to realize the dream. build a new Vietnam,” he said.
Mr. Jensen Huang said, for the United States, artificial intelligence, Chip is the strategy, NVIDIA is a participating member. As for Vietnam, through the message of the head of the Government, he believes that Vietnam will be NVIDIA's homeland and will be NVIDIA's largest center.
“This trip will definitely open up future trips. I will return to Vietnam, to NVIDIA's second homeland," he said.
NVIDIA will also further expand partnerships with Viettel, FPT, Vingroup, VNG in developing computing infrastructure for artificial intelligence," Mr. Huang said.
At a meeting with Prime Minister Pham Minh Chinh on the afternoon of December 10, NVIDIA CEO said the company has invested about 12 million USD in Vietnam, identified Vietnam as an important market and wished to establish a " base".
He also affirmed: "The new wave is very big, but also very fast. The new wave happens faster than all other revolutions that have taken place in recent times. In just 1 year AI is in all of our stories and we are moving very quickly to be here with you."
